NYSE:DIS Disney is developing a head and shoulder pattern it could fill the gap if support doesn't step in after earnings. Look for 105-100 as a target if volume doesn't buy in expected Gap Down and gap fill below it couldn't break upper resistance at 124 level either
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
See why here! Market is about to open so rushing through this one but hope this was helpful to keep an eye out for Happy Trading :)
Notable Gaps on NYSE:BA for reference. After news pre market sell off can continue. great entry below 200 but we don't get there today.
FINNIFTY after a series of up sharp down moves is headed towards the zone where an earlier gap was not met. From my recent experience, gap up and gap down are always filled back either in the short term or a while after. Here we see FINNIFTY heading back to the unfilled zone which lies between 21305 to 21285. After a heavy downfall today, the index formed a...
TSLA shares are trading in a Trap Zone, the area between the 21 EMA, which serves as the main support, and the resistance at $246.70, which was already mentioned in my last public analysis, the link to which is below this post. This area between the 21 EMA and resistance is called the Trap Zone because as long as there is no real breakout from support or...
NYSE:CVX was the Dow 30 component that had the highest loss on Friday. The chart clearly shows that the earnings report was not going to be good. The pattern is a failed bottom as there has been rotation to lower inventories of the stock for most of this year. Declining Accum/Distribution indicators at the lows of the range followed by a negative divergence...
CME_MINI:NQZ2023 - PR High: 14430.75 - PR Low: 14352.75 - NZ Spread: 174.75 Key Economic Events 08:30 – Initial Jobless Claims - Durable Goods Orders - GDP 10:00 – Pending Home Sales More after hours volatility on earnings - Session gap down, continuing prev session inventory decline - Break and holding below key 14600 inventory Evening Stats (As of 1:45...
As the #3 most heavily weighted stock for the TVC:DJI , NYSE:GS was one of the drivers behind the run down this week. In February, a buyback program of 30 billion was approved. Buybacks probably commenced in March and have been boosting the price up within the trading range until recently. It may be that the buyback money has been depleted. Goldman Sachs...
CME_MINI:NQZ2023 - PR High: 14952.50 - PR Low: 14941.00 - NZ Spread: 25.5 Major Calendar Events 08:30 – Building Permits 10:00 – CB Consumer Confidence - New Home Sales Odd, unfilled micro gap down into inventory run - Tight NZ spread - Holding daily inventory - High probability to fill gap within session Evening Stats (As of 12:05 AM) - Weekend Gap:...
Slightly after earnings Fortinet Gapped down. Which are my favorite kind of stocks to trade because 9 times out of 10 Gaps close. Fortinet had many analyst reiterate Bullish price targets some up to $70. I'm looking for a retest at $60. Forecasting out to nov 2nd. The next earnings should be interesting. Williams, MACD, & RSI are all showing Oversold in this...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside,...
With earnings coming up lockheed martin remains bullish and seems to have broke toward the upside out of consolidation. My immediate PT was for it to close gap at least around 475 area. If LMT has a great earnings this can possibly test next resistance at 480 as its still trading and trending up. Trade Responsible, #TradeTheWave 🏄🏽♂️🌊
GAP down, trendlinebreak Short Sell 320 Stop 34 Target 292, 250 292 was touched post market after earning 4/18/2023. Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Gap down chart pattern with a gap fill pattern on the way up.
averaging used to figure out the open price, let's check where it goes..
averaging used to figure out the open price, let's check where it goes..
CME_MINI:NQM2023 - PR High: 13275.50 - PR Low: 13236.50 - NZ Spread: 87.0 Evening Stats (As of 12:15 AM) - Weekend Gap: -0.35% (open > 13305) - 8/19 Session Gap: CLOSED Friday 3/31 - Session Open ATR: 253.72 - Volume: 37K - Open Int: 235K - Trend Grade: Bear - From ATH: -21.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 13531 - Mid:...